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Flex LNG Signs Term Charter with Gunvor

Logistic News - Published on Thu, 28 Nov 2019

Image Source: Flex LNG
Flex LNG Ltd announced that one of its subsidiaries has entered into a long-term time charter with Clearlake Shipping Pte Ltd, a subsidiary of Gunvor Group Ltd. The period under the time charter is up to ten years where the first five years are firm. The vessel to be employed under this time charter will be the hull 2479 at DSME. Commencement of the time charter will be in connection with the delivery of the ship ex yard which is scheduled for August 2020. The time charter will have elements of variable rate of hire across the charter period.

Hull 2479 is a large state-of-the-art 173,400 cbm LNG carrier fitted with a modern high pressure two-stroke slow-speed propulsion system ME-GI. The vessel is also equipped with a Full Reliquifaction System enabling a very high level of operational flexibility given the low boil-off rate of 0.035% per day. The vessel will be named as Flex Artemis

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Posted By : Yogender Pancholi on Thu, 28 Nov 2019
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